Articles
Articles and analyses from the INET community on the key economic questions of our time.

Distributional and Macroeconomic Effects of Trump 2.0
The most likely outcome of the second Trump administration is a recession and an exacerbation of inequalities, and a further degradation of the living standards of working and middle-class Americans.
Trade in the Time of Trump

Charles Kindleberger, the Dollar System, and Financial Crises
A review of Perry Mehrling’s book, Money and Empire: Charles P. Kindleberger and the Dollar System, and an exploration Mehrling’s discussion of the 1982 correspondence between Charles Kindleberger and Ben Bernanke examining their theories concerning financial crises.

How Climate Denial is Fueling a U.S. Homeowners Insurance Crisis and Risking a 2008-Style Financial Meltdown
New research reveals that rising insurance costs, reckless building, regulatory inaction, and big banks’ fossil fuel investments are driving a dangerous cycle that jeopardizes homeowners — and financial stability for everyone.
Political Investments

Rebooting Antitrust’s Normative Economic Theory
Industrial organization economists have caused antitrust to cling to an antiquated and disproven economic theory.

A Heart Attack and Stroke Drug That Saves Lives Exists—But American Patients May Be Left Behind by Profit-Driven Healthcare
Dr. Victor Gurewich, a researcher and Harvard Medical School faculty member since 1965, discovered a breakthrough drug treatment for heart attacks and strokes with the potential to save millions, but institutional resistance and a U.S. healthcare system that puts profits over patients are keeping it out of reach.
America at the End of Its Tether

Climate Change and Macroeconomic Models: Why General Equilibrium Models Do Not Work
The limitations of the benchmark E-DSGE framework and how these limitations restrict the ability of this framework to meaningfully capture the macroeconomics of the climate crisis.

Neural Network Effects: Scaling and Market Structure in Artificial Intelligence
As artificial intelligence reshapes our economy, policymakers must act swiftly to prevent a winner-take-all scenario in the rapidly evolving market for AI foundation models.
Musk and Tesla: Corporate Compensation, Financialization, and the Problem of Strategic Control
The “Fortune 500” of 1812

America Needs Intel Economically and Politically—But Is It Too Late?
Patrick Gelsinger stepped down as INTEL’s CEO on December 1. We published an analysis last August that provides context for why this is significant for the company and the US economy.

CrowdStrike Lessons: Liability Shields Fuel Risky Practices, Expert Warns
Cybersecurity expert Muayyad Al-Chalabi assesses CrowdStrike’s update failure and its broader implications for cybersecurity in a discussion with Lynn Parramore.

Musk and Tesla: Compensation or Control?
The $48 Billion Stock-Option Package and its Implications for the EV Transition